News

Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that total financing disbursed under the National Veal Project has reached EGP 10.408bn to date, benefiting 45,575 small-scale breeders and young graduates. The funding has supported the rearing and fattening of 517,580 head of livestock, including calves for meat production and…

Cairo, 7 April 2026 – Madinet Masr (EGX code: MASR.CA) has announced the launch of its new project, Day 2 Night (D2N), marking the company’s first fully integrated commercial complex within Sarai. The project represents a significant milestone in the company’s strategy to enhance its commercial portfolio, enhance the business…

Minister of Investment and Foreign Trade Mohamed Farid Saleh said Egypt and Morocco move towards elevating bilateral relations to strategic investment partnerships based on shared interests. Saleh made the remarks during his meeting on Monday with visiting Moroccan Minister Delegate for Investment, Convergence, and Public Policy Evaluation Karim Zidane. The…

The Egyptian government on Monday launched the fourth phase of the National Initiative for Smart Green Projects (NISGP), as part of ongoing efforts to support the transition to a green economy and strengthen climate action at the local level. The ministries of local development, higher education and planning, alongside the…

Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to curb inflation and maintain a flexible, unified exchange rate, while ensuring sufficient foreign currency availability to support economic activity. During a meeting with Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla, Al-Sisi stressed the importance of…

Egypt and Morocco signed a series of agreements on Monday spanning industrial cooperation, investment, and the avoidance of double taxation to strengthen bilateral relations, the Egyptian cabinet said. Egyptian Prime Minister Mostafa Madbouly and his Moroccan counterpart Aziz Akhannouch witnessed the signing ceremony in Cairo’s New Administrative Capital at the…

CI Capital, a leading financial services group, announced on Monday the successful completion of an EGP 2.214bn securitised bond issuance on behalf of Capital for Securitisation, with Halan Consumer Finance acting as the originator. The issuance was structured across two tranches. The first tranche, valued at EGP 1.528bn with a…

Ahmed Rostom, Minister of Planning and Economic Development and Chair of the National Investment Bank (NIB), chaired a meeting of the Bank’s Board of Directors to review progress on its ongoing restructuring, aimed at strengthening its role as the government’s development and investment arm. The meeting was attended by Hussein…

Egypt’s trade deficit widened to $4.8bn in January 2026, up from $4.2bn in the same month of 2025, marking a 15% year-on-year increase, according to Central Agency for Public Mobilization and Statistics (CAPMAS). In a statement issued on Monday, the agency said the rise in the deficit was primarily driven…